par Gabriel | Déc 3, 2024 | Bookkeeping
While construction companies excel in building impressive infrastructures, managing financial records can often be a daunting task. However, embracing digital transformation in construction bookkeeping can significantly enhance efficiency and accuracy. But with...
par Gabriel | Oct 9, 2024 | Bookkeeping
Aside from corporate tax filing, you need to also nail down your GST filing as per the requirements of the law in Singapore. However, remember that you will only register for GST if your company’s annual turnover is higher than S$1 million. If your turnover is more...
par Gabriel | Sep 2, 2024 | Bookkeeping
Since there is a credit for every debit when using the double-entry method, and vice versa, there will always be a credit for every debit. This maintains the balance of your accounting equation, so you are aware that if it is out of balance, your bookkeeping is...
par Gabriel | Août 27, 2024 | Bookkeeping
If you are currently using QuickBooks Online and want to switch to an interface similar to QuickBooks Desktop, we recommend using the QuickBooks Online Desktop app. Read our article on what the QuickBooks Online Desktop app is to learn more. With QuickBooks Desktop,...
par Gabriel | Août 26, 2024 | Bookkeeping
If you are currently using QuickBooks Online and want to switch to an interface similar to QuickBooks Desktop, we recommend using the QuickBooks Online Desktop app. Read our article on what the QuickBooks Online Desktop app is to learn more. With QuickBooks Desktop,...
par Gabriel | Août 9, 2024 | Bookkeeping
A company prepares a bank reconciliation statement to compare the balance in its accounting records with its bank account balance. A bank reconciliation statement is a valuable internal tool that can affect tax and financial reporting and detect errors and intentional...
